yeah it could, but what is the probability it will today? are you prepared to hold your trade for a couple of hours? day? days? a week? weeks?
we are getting very close to 2525-2515. what happens there will give us the clue, especially if price can remain below the MPP. the weekly chart seems to give some credence to your position though, so who knows? maybe the bottom will drop out from here. i sure hope so because i am getting sick and tired of waiting for that butterfly sell to kick in on a/j.
please commander Sive or any other person who's knowledgeable about this, what is the likely effect of the US holiday on market tomorrow
yeah i know market would still be active what i'm just considering is holiday is like economic activities having a slight pause if i'm not wrong.meaning it may not be too good taking side with USD. does someone think i'm right